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renewable energy investment

Walmart, SunPower Sign 23 MW Solar Pact

As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019.   Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […]

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Green Climate Fund Invests $1 Bn for Developing Countries

The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […]

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Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI

The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […]

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PNM to Add 100MW of Solar in New Mexico to Serve Facebook Data Center

PNM Resources’ (NYSE: PNM) New Mexico utility, PNM, received approval on Wednesday from the New Mexico Public Regulation Commission (NMPRC) to purchase 100 megawatts of solar generation from NM Renewable Development, LLC (NMRD) in order to continue serving the Facebook data center in New Mexico with 100 percent renewable energy. This addition supports the goal to achieve a more […]

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$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report

Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […]

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Punjab Policy on Net Metering for Grid Interactive Roof-Top Solar PV Power Plants

Scope and Application:- (1) This Policy shall apply to the distribution licensee and consumers of distribution licensee of the State of Punjab. (2) The eligible consumer may install the rooftop solar system under net metering arrangement which; (a) shall be within the permissible rated capacity as defined under this Policy. (b) shall be located in […]

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Over 10,000 people attend Re-Invest 2018 on day one; event a grand success

Over 10,000 people attended the 2nd Global RE-Invest India-ISA Partnership Renewable Energy Experts’ Meet & Expo (RE-Invest 2018) on day one, the 3rd, October, 2018 at Greater Noida. This included over 5000 delegates and180 exhibitors. There were 354 business to business bilateral meetings held on day one.The power-packed sessions included the First Assembly of the […]

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PM inaugurates first assembly of the International Solar Alliance

The Prime Minister, Mr. Narendra Modi, today inaugurated the first Assembly of the International Solar Alliance at Vigyan Bhawan. The same event also marked the inauguration of the second IORA Renewable Energy Ministerial Meeting, and the 2nd Global RE-Invest (Renewable Energy Investors’ Meet and Expo). The Secretary General of the United Nations, Mr. Antonio Guterres, […]

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innogy to Kick Off Australia’s Largest Solar Power Plant Construction

Limondale project is located near Balranald, New South Wales and the company commences the preparation works and pre-pilling tests. Following the acquisition completion in mid-September, German energy firm innogy SE has decided to construct Australia’s largest solar project – Limondale with an installed capacity of 349 MWp. Limondale project is located near Balranald, New South […]

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